Viera East
Community Development District

Unaudited Financial Reporting
October 31, 2019

TABLE OF CONTENTS

1 	Balance Sheet 

2-4 	General Fund Income Statement 

 	Capital Reserve Income Statement

 	Capital Reserve Check Register 

 	Debt Service Income Statement 

8-11 	Golf Course Income Statement 

12-13 	Month by Month- General Fund 

14-16 	Month by Month- Golf Course 

 	Month by Month- Proshop 

 	Long Term Debt Report 

 	FY2019 Tax Receipt Schedule 

	Viera East
Community Development District
Combined Balance Sheet		
	October 31, 2019		
	Governmental Fund Types		
	
General	Capital Reserve	Debt Service	 Golf Course/Recreation 	Totals
   (memorandum only) 	
Assets				
Operating Account	$124,943	$6,702	----	$23,990	$155,636	
Accounts Receivable	----	----	----	$1,277	$1,277	
Assessment Receivable	----	----	----	$48,407	$48,407	
Rent Receivable	----	----	----	$1,036	$1,036	
Due From Golf Course	$25,014	----	----	----	$25,014	
Due From General Fund	----	----	----	$40,913	$40,913	
Due From Capital Reserve	----	----	----	----	$0	
Due from Debt Service	$12,378	----	----	$44,743	$57,121	
Due from Other	----	----	----	$2,678	$2,678	
Inventory - Pro Shop	----	----	----	$104,462	$104,462	
Investments:				
State Board	----	$344,973	----	----	$344,973	
Benefit Assessment- Series 2012	----	----	----	$81,884	$81,884	
Reserve - Series 2012	----	----	----	$280,555	$280,555	
Bond Service 2006	----	----	$516,565	----	$516,565	
Bond Service 2012		$0	$0	
Improvements (Net of Depreciation)	----	----	----	$1,253,559	$1,253,559	
Prepaid Expenses- Operations	$12,327	----	----	$96,100	$108,427	
Total Assets	$174,662	$351,675	$516,565	$1,979,604	$3,022,506	
Liabilities				
Accounts Payable	$8,142	----	----	$28,611	$36,753	
Accrued Expenses	$1,023	----	----	$683	$1,706	
Deferred Revenue- Season Advance	----	----	----	$53,297	$53,297	
Deposit-Divots Grill	----	----	----	$2,000	$2,000	
Due to General Fund	----	----	$12,378	$25,014	$37,391	
Accrued Interest Payable	----	----	----	$84,586	$84,586	
Accrued Principal Payable	----	----	----	$34,167	$34,167	
Sales Tax Payable	----	----	----	$10,008	$10,008	
Event Deposits	----	----	----	($2,406)	($2,406)	
Due to Golf Course	$40,913	----	$44,743	----	$85,657	
Due to Capital Reserve	----	----	----	----	$0	
Accrued Payroll Payable	$1,707	----	----	$3,927	$5,634	
Bonds Payable - Series 2012	----	----	----	$3,700,000	$3,700,000	
Bond Discount	----	----	----	($18,220)	($18,220)	
Deferred Loss	----	----	----	($187,085)	($187,085)	
Fund Equity				
Net Assets	----	----	----	($1,754,977)	($1,754,977)	
Fund Balances				
Assigned - First Quarter	$176,000	----	----	----	$176,000	
Nonspendable - Prepaid Expense	$12,327	----	----	----	$12,327	
Unassigned	($65,451)	----	----	----	($65,451)	
Assigned- Capital Reserve Fund	----	$351,675	----	----	$351,675	
Restricted for Debt Service	----	----	$459,445	----	$459,445	
Total Liabilities, Fund Equity, Other	$174,662	$351,675	$516,565	$1,979,604	$3,022,506	

Page 1

Viera East
Community Development District
General Fund
Statement of Revenues & Expenditures For Period Ending October 31, 2019

	Adopted
Budget	Prorated Budget
10/31/19	Actual
10/31/19	
Variance	
Revenues					
Maintenance Assessments	$808,157	$0	$0	$0	
Golf Course Administrative Services	$56,280	$4,690	$4,690	$0	
Interest Income	$100	$8	$0	($8)	
Total Revenues	$864,536	$4,698	$4,690	($8)	

Administrative Expenditures					
Supervisors Fees	$30,496	$2,541	$3,588	($1,047)	
Engineering Fees	$5,000	$417	$0	$417	
Attorney's Fees	$5,000	$417	$0	$417	
Dissemination	$1,000	$83	$83	$0	
Trustee Fees	$5,600	$467	$467	($0)	
Annual Audit	$6,500	$542	$542	($0)	
Collection Agent	$2,500	$208	$208	$0	
Management Fees	$100,440	$8,370	$8,370	$0	
Postage	$1,500	$125	$265	($140)	
Printing & Binding	$2,500	$208	$82	$126	
Insurance- Liability	$7,293	$608	$566	$41	
Legal Advertising	$2,500	$208	$0	$208	
Other Current Charges	$1,500	$125	$25	$100	
Office Supplies	$3,000	$250	$21	$229	
Dues & Licenses	$175	$15	$15	($1)	
Information Technology	$3,400	$283	$283	$0	
Total Administrative	$178,404	$14,867	$14,515	$352	

Page 2

Viera East
Community Development District
General Fund
Statement of Revenues & Expenditures For Period Ending October 31, 2019

	Adopted
Budget	Prorated Budget
10/31/19	Actual
10/31/19	
Variance	
Operating Expenditures					
Salaries	$141,817	$11,818	$12,066	($248)	
Administrative Fee	$1,566	$131	$137	($7)	
FICA Expense	$10,849	$904	$903	$1	
Employee Insurance	$8,551	$713	$424	$289	
Workers Compensation	$2,780	$232	$330	($98)	
Unemployment	$853	$71	$0	$71	
Other Contractual	$7,000	$583	$667	($84)	
Training	$500	$42	$0	$42	
Uniforms	$500	$42	$0	$42	
Total Operating	$174,416	$14,535	$14,527	$8	

Maintenance Expenditures					
Canal Maintenance	$14,000	$1,167	$0	$1,167	
Lake Bank Restoration	$60,000	$5,000	$0	$5,000	
Environmental Services	$20,000	$1,667	$2,620	($953)	
Water Management System	$99,000	$8,250	$8,059	$191	
Control Burns	$15,000	$1,250	$0	$1,250	
Contingencies	$5,000	$417	$0	$417	
Fire Line Maintenance	$5,000	$417	$0	$417	
Basin Repair	$4,000	$333	$0	$333	
Total Maintenance	$222,000	$18,500	$10,679	$7,821	

Page 3

Viera East
Community Development District
General Fund
Statement of Revenues & Expenditures For Period Ending October 31, 2019

	Adopted
Budget	Prorated Budget
10/31/19	Actual
10/31/19	
Variance	
Grounds Maintenance Expenditures					
Salaries	$154,278	$12,857	$11,474	$1,383	
Administrative Fees	$3,695	$308	$305	$3	
FICA	$11,802	$984	$852	$131	
Health Insurance	$16,867	$1,406	$1,100	$305	
Workers Compensation	$3,024	$252	$314	($62)	
Unemployment	$2,120	$177	$22	$154	
Telephone	$5,000	$417	$432	($15)	
Utilities	$5,000	$417	$628	($212)	
Property Appraiser	$1,990	$166	$0	$166	
Insurance	$1,395	$116	$126	($10)	
Repairs	$12,000	$1,000	$4,835	($3,835)	
Fuel	$7,500	$625	$1,159	($534)	
Park Maintenance	$3,000	$250	$0	$250	
Sidewalk Maintenance	$5,000	$417	$0	$417	
Chemicals	$5,000	$417	$435	($19)	
Contingencies	$5,000	$417	$0	$417	
Refuse	$8,000	$667	$240	$427	
Office Supplies	$750	$63	$0	$63	
Uniforms	$3,000	$250	$232	$18	
Fire Alarm System	$4,000	$333	$171	$163	
Rain Bird Pump System	$27,576	$2,298	$2,298	($0)	
Maintenance Reserve - Transfer Out	$3,719	$310	$310	$0	
Maintenance Reserve - Transfer Out (Excess)	$0	$0	$0	$0	
Total Grounds Maintenance	$289,716	$24,143	$24,932	($789)	
					
Total Expenditures	$864,536	$72,045	$64,653	$7,391	
					
Excess Revenue/(Expenditures)	$0		($59,963)		
					
Beginning Fund Balance	$0		$182,839		
					
Ending Fund Balance	$0		$122,876		

Page 4

Viera East
Community Development District
Capital Reserve Fund Statement of Revenues & Expenditures
For Period Ending October 31, 2019

Variance

Actual
10/31/19

Prorated Budget
10/31/19

Adopted
Budget

Revenues

Interest Income	$2,500	$208	$552	$344	
Reserve Funding - Transfer In (General)	$3,719	$310	$310	$0	
Reserve Funding - Transfer In (Golf)	$7,940	$662	$1,667	$1,005	
Reserve Funding - Transfer In (General Excess)	$0	$0	$0	$0	
Total Revenues	$14,159	$1,180	$2,529	$1,349	

Expenditures					
Capital Outlay	$100,000	$0	$0	$0	
Truck Maintenance	$25,000	$0	$0	$0	
Transfer Out	$0	$0	$0	$0	
Total Expenditures	$125,000	$0	$0	$0	

Excess Revenues/(Expenditures)	($110,841)	$2,529	
			
Beginning Fund Balance	$283,792	$349,146	
			
Ending Fund Balance	$172,950	$351,675	

Page 5

Viera East Community Development District
Capital Reserve  Fund Capital Outlay Check Register Detail For Period Ending October 31, 2019

Check Date	Vendor	Detail	Amount

Capital Outlay
FY2020

Total	 $	-	

Page 6

Viera East
Community Development District
Debt Service Fund Statement of Revenues & Expenditures
For Period Ending October 31, 2019

	Adopted
Budget	Prorated Budget
10/31/19	Actual
10/31/19		
Variance	
Revenues						
Special Assessments	$2,423,170	$0		$0	$0	
Interest Income	$1,500	$125		$76	-$49	
Total Revenues	$2,424,670	$125		$76	($49)	

Expenditures						
Series 2006 Interest-11/1	
$184,719	
$0		
$0	
$0	
Interest-5/1	$184,719	$0		$0	$0	
Principal-5/1	$2,020,000	$0		$0	$0	
Other Debt Service Costs	$46,873	$0		$0	$0	
Total Expenditures	$2,436,311	$0		$0	$0	

Excess Revenues/(Expenditures)	($11,641)	$76	
			
Beginning Fund Balance	$466,966	$459,368	
			
Ending Fund Balance	$455,326	$459,445	

Page 7

			

			

			

Viera East Community Development District
Golf Course/Recreation Fund - Operations Statement of Revenues & Expenditures For Period Ending October 31, 2019

Adopted
Budget	
Actuals	Current Month
Budget	
Variance	
Actuals	Year-to-Date
Budget	
Variance	

Restaurant Expenditures
Utilities	
$10,500	
$775	
$689	
($86)	
$775	
$689	
($86)	
Pest Control	$1,200	$95	$79	($16)	$95	$79	($16)	
Equipment Lease	$1,100	$98	$72	($26)	$98	$72	($26)	
Total Restaurant Expenditures	$12,800	$968	$840	($128)	$968	$840	($128)	

Golf Operation Expenditures								
Salaries	$237,500	$17,027	$19,791	$2,764	$17,027	$19,791	$2,764	
Administrative Fee	$17,793	$1,720	$1,483	($238)	$1,720	$1,483	($238)	
FICA Expense	$18,781	$1,290	$1,565	$275	$1,290	$1,565	$275	
Health Insurance	$707	$46	$59	$13	$46	$59	$13	
Workers Compensation	$4,812	$504	$401	($103)	$504	$401	($103)	
Unemployment	$12,786	$649	$1,065	$417	$649	$1,065	$417	
Golf Printing	$2,200	$0	$183	$183	$0	$183	$183	
Utilities	$22,500	$1,640	$1,875	$235	$1,640	$1,875	$235	
Repairs	$250	$0	$21	$21	$0	$21	$21	
Pest Control	$1,200	$95	$100	$5	$95	$100	$5	
Supplies	$8,000	$681	$667	($15)	$681	$667	($15)	
Uniforms	$1,500	$0	$125	$125	$0	$125	$125	
Training, Education & Employee Relations	$2,000	$0	$167	$167	$0	$167	$167	
Fuel	$500	$0	$42	$42	$0	$42	$42	
Cart Lease	$90,753	$4,352	$7,563	$3,210	$4,352	$7,563	$3,210	
Cart Maintenance	$4,000	$1,709	$333	($1,375)	$1,709	$333	($1,375)	
Driving Range	$10,000	$0	$833	$833	$0	$833	$833	
Total Golf Operation Expenditures	$435,282	$29,714	$36,273	$6,559	$29,714	$36,273	$6,559	

Merchandise Sales								
Cost of Goods Sold	$77,000	$5,355	$6,417	$1,061	$5,355	$6,417	$1,061	
Total Merchandise Sales	$77,000	$5,355	$6,417	$1,061	$5,355	$6,417	$1,061	

Page 9

			

			

Viera East Community Development District
Golf Course/Recreation Fund - Operations Statement of Revenues & Expenditures For Period Ending October 31, 2019

Adopted
Budget	
Actuals	Current Month
Budget	
Variance	
Actuals	Year-to-Date
Budget	
Variance	

Administrative Expenditures
Legal Fees	
$1,500	
$304	
$125	
($179)	
$304	
$125	
($179)	
Arbitrage	$600	$50	$50	$0	$50	$50	$0	
Dissemination	$1,000	$83	$83	$0	$83	$83	$0	
Trustee Fees	$4,100	$342	$342	($0)	$342	$342	($0)	
Annual Audit	$1,500	$125	$125	$0	$125	$125	$0	
Golf Course Administrative Services	$56,280	$4,690	$4,690	$0	$4,690	$4,690	$0	
Insurance	$70,000	$5,501	$5,833	$333	$5,501	$5,833	$333	
Property Taxes	$10,000	$0	$833	$833	$0	$833	$833	
Total Administrative Expenditures	$144,980	$11,095	$12,082	$987	$11,095	$12,082	$987	

Renewal & Replacement	
$7,940	
$1,667	
$662	
($1,005)	
$1,667	
$662	
($1,005)	
Operating Reserves	$0	$0	$0	$0	$0	$0	$0	
Total Reserves	$7,940	$1,667	$662	($1,005)	$1,667	$662	($1,005)	
								
Total Revenues	$1,967,237	$112,778	$135,311	($22,533)	$112,778	$135,311	($22,533)	
								
Total Expenditures	$1,959,767	$125,769	$163,081	$37,312	$125,769	$163,081	$37,312	
								
Operating Income (Loss)	$7,470	($12,991)	($27,770)	$14,779	($12,991)	($27,770)	$14,779	
Non Operating Revenues/(Expenditures)								
Special Assessments	$558,355	$46,530	$46,530	$0	$46,530	$46,530	$0	
Interest Income	$1,000	$42	$83	($41)	$42	$83	($41)	
Transfer In	$0	$0	$0	$0	$0	$0	$0	
Interest Expense	($156,825)	($13,069)	($13,069)	$0	($13,069)	($13,069)	$0	
Principal Expense	($410,000)	($34,167)	($34,167)	($0)	($34,167)	($34,167)	($0)	
Total Non Operating  Revenues/(Expenditures)	($7,470)	($664)	($623)	($41)	($664)	($623)	($41)	
								
Change in Net Assets	$0	($13,655)	($28,393)	$14,738	($13,655)	($28,393)	$14,738	
								
Beginning Net Assets	$0	----	----	----	($1,741,323)	----	----	
								
Ending Net Assets	$0	----	----	----	($1,754,977)	----	----	

Page 11

Viera East General Fund Month to Month

	October	November	December	January	February	March		April		May		June		July		August		September	Total	
Revenues																				
Maintenance Assessments	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Golf Course Administrative Services	$4,690	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$4,690	
Interest Income	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Total Revenues	$4,690	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$4,690	

Administrative Expenditures																				
Supervisors Fees	$3,588	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$3,588	
Engineering Fees	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Attorney's Fees	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Dissemination	$83	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$83	
Trustee Fees	$467	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$467	
Annual Audit	$542	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$542	
Collection Agent	$208	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$208	
Management Fees	$8,370	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$8,370	
Postage	$265	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$265	
Printing & Binding	$82	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$82	
Insurance- Liability	$566	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$566	
Legal Advertising	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Other Current Charges	$25	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$25	
Office Supplies	$21	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$21	
Dues & Licenses	$15	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$15	
Information Technology	$283	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$283	
Total Administrative	$14,515	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$14,515	

Operating Expenditures																				
Salaries	$12,066	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$12,066	
Administration Fee	$137	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$137	
FICA Expense	$903	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$903	
Health Insurance	$424	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$424	
Workers Compensation	$330	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$330	
Unemployment	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Other Contractual	$667	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$667	
Training	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Uniforms	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Total Operating	$14,527	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$14,527	

Page 12

Viera East General Fund Month to Month

	October	November	December	January	February	March		April		May		June		July		August		September	Total	

Maintenance Expenditures																				
Canal Maintenance	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Lake Bank Restoration	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Environmental Services	$2,620	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$2,620	
Water Management System	$8,059	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$8,059	
Control Burns	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Contingencies	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Fire Line Maintenance	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Basin Repair	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Total Maintenance	$10,679	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$10,679	

Grounds Maintenance Expenditures																				
Salaries	$11,474	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$11,474	
Administrative Fees	$305	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$305	
FICA	$852	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$852	
Health Insurance	$1,100	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$1,100	
Workers Compensation	$314	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$314	
Unemployment	$22	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$22	
Telephone	$432	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$432	
Utilities	$628	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$628	
Property Appraiser	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Insurance- Property	$126	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$126	
Repairs	$4,835	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$4,835	
Fuel	$1,159	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$1,159	
Park Maintenance	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Sidewalk Repair	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Chemicals	$435	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$435	
Contingencies	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Refuse	$240	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$240	
Office Supplies	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Uniforms	$232	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$232	
Fire Alarm System	$171	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$171	
Rain Bird Pump System	$2,298	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$2,298	
Maintenance Reserve- Transfer Out	$310	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$310	
Maintenance Reserve- Transfer Out (PY Excess)	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Total Grounds Maintenance	$24,932	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$24,932	
																				
Total Expenditures	$64,653	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$64,653	
																				
Excess Revenue/(Expenditures)	($59,963)	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	($59,963)	

Page 13

Viera East Golf Course Month to Month

	October	November	December	January	February	March	April		May	June	July		August	September	Total	

Number of Rounds
Paid Rounds	

2,598	

0	

0		

0	0		

0	

0	

0		

0	

0	

0	0	

2,598	
Member Rounds	574	0	0		0	0		0	0	0		0	0	0	0	574	
Comp Rounds	192	0	0		0	0		0	0	0		0	0	0	0	192	
EZ Links	157	0	0		0	0		0	0	0		0	0	0	0	157	
GolfNow
Revenue per Round
Paid Rounds	105

$31	0

$0	0

$0		0	0

$0	$0		0

$0	0

$0	0

$0		0

$0	0

$0	0	0

$0	$0	105

$31	
Revenues:
Greens Fees	
$79,635	
$0	
$0		
$0	$0		
$0	
$0	
$0		
$0	
$0	
$0	$0	
$79,635	
Gift Cards - Sales	$294	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$294	
Gift Cards - Usage	($179)	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	($179)	
Season Advance/Trail Fees	$15,718	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$15,718	
Associate Memberships	$2,765	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$2,765	
Driving Range	$3,577	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$3,577	
Golf Lessons	$175	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$175	
Merchandise Sales	$6,479	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$6,479	
Restaurant	$1,237	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$1,237	
Special Assessments - Operations	$1,877	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$1,877	
Miscellaneous Income	$1,201	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$1,201	
Total Revenues	$112,778	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$112,778	

Golf Course Expenditures:
Other Contractual Services	

$2,147	

$0	

$0		

$0	$0		

$0	

$0	

$0		

$0	

$0	

$0	$0	

$2,147	
Telephone/Internet	$393	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$393	
Postage	$3,074	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$3,074	
Printing & Binding	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Utilities	$481	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$481	
Repairs & Maintenance	$117	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$117	
Advertising	$1,989	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$1,989	
Bank Charges	$1,639	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$1,639	
Office Supplies	$221	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$221	
Operating Supplies	$224	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$224	
Dues, Licenses & Subscriptions	$150	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$150	
Drug Testing - All Departments	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Training, Education & Employee Relations	$20	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$20	
Contractual Security	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
IT Services	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Total Golf Course Expenditures	$10,456	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$10,456	

Restaurant Expenditures:															
Utilities	$775	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$775	
Pest Control	$95	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$95	
Equipment Lease	$98	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$98	
Total Restaurant Expenditures	$968	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$968	

Page 14

Viera East Golf Course Month to Month

	October	November	December	January	February	March	April		May	June	July		August	September	Total	

Golf Operations:
Salaries	

$17,027	

$0	

$0		

$0	$0		

$0	

$0	

$0		

$0	

$0	

$0	$0	

$17,027	
Administrative Fee	$1,720	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$1,720	
FICA Expense	$1,290	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$1,290	
Health Insurance	$46	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$46	
Workers Compensation	$504	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$504	
Unemployment	$649	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$649	
Golf Printing	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Utilities	$1,640	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$1,640	
Repairs	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Pest Control	$95	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$95	
Supplies	$681	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$681	
Uniforms	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Training, Education & Employee Relations	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Fuel	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Cart Lease	$4,352	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$4,352	
Cart Maintenance	$1,709	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$1,709	
Driving Range	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Total Golf Operation Expenditures	$29,714	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$29,714	

Merchandise Sales:															
Cost of Goods Sold	$5,355	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$5,355	
Total Merchandise Sales	$5,355	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$5,355	

Golf Course Maintenance:
Salaries	

$34,970	

$0	

$0		

$0	$0		

$0	

$0	

$0		

$0	

$0	

$0	$0	

$34,970	
Administrative Fees	$940	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$940	
FICA Expense	$2,599	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$2,599	
Employee Insurance	$2,209	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$2,209	
Workers Compensation	$953	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$953	
Unemployment	$129	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$129	
Drug Testing	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Consulting Fees	$500	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$500	
Fire Alarm System	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Telephone/Internet	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Utilities/Water	$2,440	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$2,440	
Repairs	$2,277	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$2,277	
Fuel & Oil	$2,797	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$2,797	
Pest Control	$327	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$327	
Irrigation/Drainage	$1,120	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$1,120	
Sand and Topsoil	$678	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$678	
Flower/Mulch	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Fertilizer	($1,608)	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	($1,608)	
Seed/Sod	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Trash Removal	$282	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$282	
Contingency	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
First Aid	$199	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$199	
Office Supplies	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Operating Supplies	$219	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$219	
Training	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Janitorial Supplies	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Soil & Water Testing	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Uniforms	$771	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$771	
Equipment Rental	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Equipment Lease	$14,711	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$14,711	
Small Tools	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Total Golf Course Maintenance	$66,515	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$66,515	
						
Page 15									

Viera East Golf Course Month to Month

	October	November	December	January	February	March	April		May	June	July		August	September	Total	

Administrative Expenditures:
Legal Fees	

$304	

$0	

$0		

$0	$0		

$0	

$0	

$0		

$0	

$0	

$0	$0	

$304	
Arbitrage	$50	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$50	
Dissemination	$83	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$83	
Trustee Fees	$342	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$342	
Annual Audit	$125	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$125	
Golf Course Administrative Services	$4,690	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$4,690	
Insurance	$5,501	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$5,501	
Property Taxes	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Total Administrative Expenditures	$11,095	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$11,095	

Reserves:															
Renewal & Replacement	$1,667	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$1,667	
Operating Reserves	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Total Reserves	$1,667	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$1,667	
															
Total Revenues	$112,778	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$112,778	
															
Total Expenditures	$125,769	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$125,769	
															
Operating Income (Loss)	($12,991)	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	($12,991)	

Non Operating Revenues/(Expenditures):
Special Assessments - Debt Service	

$46,530	

$0	

$0		

$0	$0		

$0	

$0	

$0		

$0	

$0	

$0	$0	

$46,530	
Interest Income	$42	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$42	
Transfer In	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Interest Expense	($13,069)	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	($13,069)	
Principal Expense	($34,167)	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	($34,167)	
Total Non Operating  Revenues/(Expenditures)	($664)	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	($664)	
															
Net Non Operating Income / (Loss)	($13,655)	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	($13,655)	

Page 16

Viera East
Community Development District
Special Assessment Receipts - FY2020

Date	Net	Gen Fund	Debt Svc 2006	Rec Fund	Total	
						
11/6/19	$	65,047	$	13,789	$	41,346	$	9,911	$	65,047	

						

						

						

						

						

						
						
$	65,047	$	13,789	$	41,346	$	9,911	$	65,047	

	Net
Assessed	
Percentage	Assessments
Collected	Assessments
Transferred	Balance to
Transfer	
						
Debt Service Fund	$ 2,423,170	63.56%	$	41,346	$	-	$	-	
General Fund	$	808,157	21.20%	$	13,789	$	(13,789)	$	-	
Recreation Fund	$	580,882	15.24%	$	9,911	$	-	$	9,911	
						
	$ 3,812,209	100.00%	$	65,047	$	(13,789)	$	9,911	

Percentage Collected	1.71%

Page 19

Viera East Community Development District
Golf Course/Recreation Fund- Operations Prior Month/Year Comparison

	Actuals
10/31/18		Actuals
10/31/19		
Variance		Year to Date
10/31/18		Year to Date
10/31/19		
Variance	

Revenues:
Greens Fees	

$96,077		

$	79,635		

$	(16,443)		

$96,077		

$	79,635		

$	(16,443)	
Gift Cards - Sales	$743		$	294		$	(449)		$743		$	294		$	(449)	
Gift Cards - Usage	($963)		$	(179)		$	783		($963)		$	(179)		$	783	
Season Advance/Trail Fees	$15,428		$	15,718		$	291		$15,428		$	15,718		$	291	
Associate Memberships	$3,476		$	2,765		$	(711)		$3,476		$	2,765		$	(711)	
Driving Range	$5,109		$	3,577		$	(1,533)		$5,109		$	3,577		$	(1,533)	
Golf Lessons	$175		$	175		$	-		$175		$	175		$	-	
Merchandise Sales	$9,560		$	6,479		$	(3,081)		$9,560		$	6,479		$	(3,081)	
Restaurant	$1,889		$	1,237		$	(652)		$1,889		$	1,237		$	(652)	
Special Assessments - Operations	$1,877		$	1,877		$	-		$1,877		$	1,877		$	-	
Miscellaneous Income	 	$969 		   $	1,201 		   $	232 		 	$969 		   $	1,201 		   $	232 	
Total Revenues	   $	134,341 		   $	112,778 		   $	(21,562) 		   $	134,341 		   $	112,778 		   $	(21,562) 	
Expenditures:
Golf Course Expenditures	
$	11,399		
$	10,456		
$	942		
$	11,399		
$	10,456		
$	942	
Restaurant	$	957		$	968		$	(11)		$	957		$	968		$	(11)	
Golf Operations	$	29,038		$	29,714		$	(676)		$	29,038		$	29,714		$	(676)	
Merchandise Sales	$	7,860		$	5,355		$	2,505		$	7,860		$	5,355		$	2,505	
Golf Course Maintenance	$	89,171		$	66,515		$	22,656		$	89,171		$	66,515		$	22,656	
Administrative	$	10,651		$	11,095		$	(444)		$	10,651		$	11,095		$	(444)	
Reserves	   $	1,820 		   $	1,667 		   $	153 		   $	1,820 		   $	1,667 		   $	153 	
Total Expenditures	   $	150,895 		   $	125,769 		   $	25,126 		   $	150,895 		   $	125,769 		   $	25,126 	
Operating Income/(Loss)	   $	(16,554) 		   $	(12,991) 		   $	3,563 		   $	(16,554) 		   $	(12,991) 		   $	3,563 	

	Monthly	Year to Date	
Membership Revenue	$15,718	$15,718	
Average $ per round of Golf	$27.43	$27.43	

Viera East Community Development District
Detailed Rounds of Golf Report
Oct-19
PY - PREVIOUS YEAR

PY	
PY	
Vs. PY	
Vs. PY	
Monthly	Year to Date	Monthly	Year to Date	
$17,213	$17,213	$207	$207	
$19,486	$19,486	$3,376	$3,376	
$48,414	$48,414	($10,087)	($10,087)	
$8,247	$8,247	($5,142)	($5,142)	
$3,100	$3,100	($3,100)	($3,100)	
$0	$0	$0	$0	
($756)	($756)	($865)	($865)	
$95,704	$95,704	($15,611)	($15,611)	

PY	
PY	
Vs. PY	
Vs. PY	
Monthly	Year to Date	Monthly	Year to Date	
$32.11	$32.11	$3.58	$3.58	
$26.44	$26.44	$4.41	$4.41	
$29.45	$29.45	($2.96)	($2.96)	
$35.70	$35.70	($0.81)	($0.81)	
$27.68	$27.68	#DIV/0!	#DIV/0!	
#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	
$18.00	$18.00	$1.30	$1.30	
$29.74	$29.74	$0.13	$0.13	
PY	PY	Vs. PY	Vs. PY	
Monthly	Year to Date	Monthly	Year to Date	
$16,702	$16,702	($984)	($984)	
$28.12	$28.12	($0.69)	($0.69)	

Revenues

Greens Fee Revenue	

Monthly		

Year to Date		
Rounds of Golf- Associate Member	$17,420	22%	$17,420	22%	
Rounds of Golf- CDD Resident	$22,862	29%	$22,862	29%	
Rounds of Golf - Public	$38,327	48%	$38,327	48%	
Rounds of Golf - Golf Now / EZ Links	$3,105	4%	$3,105	4%	
Rounds of Golf- Tournaments	$0	0%	$0	0%	
Rounds of Golf- Misc	$0	0%	$0	0%	
Rain Check Issued	($1,621)	-2%	($1,621)	-2%	
TOTAL GREENS FEE REVENUE	$80,093	100%	$80,093	####	

Average $ per Round of Golf			
	Monthly	Year to Date	
Average $ per round of Golf			
Rounds of Golf- Associate Member	$35.70	$35.70	
Rounds of Golf- CDD Resident	$30.85	$30.85	
Rounds of Golf - Public	$26.49	$26.49	
Rounds of Golf - Golf Now / EZ Links	$34.89	$34.89	
Rounds of Golf- Tournaments	#DIV/0!	#DIV/0!	
Rounds of Golf- Misc	$0.00	$0.00	
Rain Check Issued	$19.30	$19.30	
TOTAL - Average $ per round of Golf	$29.87	$29.87	

3,620	####

95%

3,620

TOTAL ROUNDS OF GOLF

5%

173

5%

173

EZ Links/Golf Now

4%
2%

137
56
193

4%
2%

137
56
193

Comp Rounds
Rounds of Golf- Staff/Comp Rounds of Golf- Other Comp Total Comp Rounds

16%

573
573

16%

573
573

Member Rounds Rounds of Golf - Members Total Member Rounds

13%
20%
40%
2%
0%
0%
-2%

488
741
1,447
89
-
- (84)
2,681

13%
20%
40%
2%
0%
0%
-2%

488
741
1,447
89
-
- (84)
2,681

Paid Rounds
Rounds of Golf- Associate Member Rounds of Golf- CDD Resident Rounds of Golf - Public
Rounds of Golf - Golf Now / EZ Links Rounds of Golf- Tournaments Rounds of Golf- Misc
Rain Check Issued
Total Paid Rounds

Year to Date

Monthly

Rounds of Golf

PY	
PY	
Vs. PY	
Vs. PY	
Monthly	Year to Date	Monthly	Year to Date	
536	536	(48)	(48)	
737	737	4	4	
1,644	1,644	(197)	(197)	
231	231	(142)	(142)	
112	112	(112)	(112)	
0	0	0	0	
(42)	(42)	(42)	(42)	
3,218	3,218	(537)	(537)	

594	
594	
(21)	
(21)	
594	594	(21)	(21)	

126	
126	
11	
11	
125	125	(69)	(69)	
251	251	(58)	(58)	
243	243	(70)	(70)	
4,306	4,306	(686)	(686)